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Audi to bring hybrid Q5 to U.S. in 2010

Audi will offer a hybrid version of its Q5 crossover in the United States starting in late 2010, says Wolfgang Hatz, head of powertrain development for the Volkswagen group. In an interview Sunday at the Detroit Auto Show , Hatz said Audi must offer a hybrid model to compete with rival vehicles that already offer the technology, such as the Lexus RX 400H. The BMW X6 will be offered as a hybrid late this year, and Mercedes plans to roll out a hybrid in each of its major models starting with the S400 hybrid this year.

Changing course, Chrysler considers a small Ram pickup

Chrysler may develop a unibody small pickup positioned below the Dakota, whose production will end in 2011. "We're thinking of something that will separate itself from the full-sized truck more than what happens today, both in capability, price and size," said Joe Veltri, Chrysler Group vice president of product planning. "The Ram brand has room to expand into a compact-truck segment." Veltri, interviewed this month at the National Truck Equipment Association's Work Truck Show in St.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.